All the updated news related to confederation of british industry

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Record number of British manufacturers raising prices, says CBI

The proportion of British manufacturers expecting to increase prices has jumped to its highest level since records began in 1975, according to data from the country’s biggest business group. The latest monthly Confederation of British Industry (CBI) ...

22 Mar 2022 at 14:55

City

CBI calls on Government to make investment incentives permanent

The Government should introduce permanent investment incentives once the current super-deductions for businesses come to an end next year, according to a business group. The Confederation of British Industry (CBI) said if the Government wants to ...

01 Mar 2022 at 01:25

CBI chief tells Parliament ‘wrong time’ for tax burden to reach 70-year high

An industry leader has warned it is “absolutely the wrong time” to have the highest tax burden in 70 years after the hammering business has taken during the coronavirus pandemic. Speaking in Parliament, Lord Bilimoria, president of the ...

22 Feb 2022 at 18:25

Put energy efficiency ahead of gas bill bailouts, says CBI chief Danker

The head of the Confederation of British Industry (CBI) has called on the Government to upgrade the UK’s leaky housing stock rather than spending billions on massive energy bills every year. Director-general Tony Danker said that the ...

07 Jun 2022 at 09:56

City

Service sector recovers in December but stops short of growth

The UK’s services sector continued to struggle in December, but almost managed to get back into neutral territory, according to an influential survey. The sector saw its best performance since September, and evidence showed that ...

05 Jan 2023 at 10:48

Chancellor tells business chiefs energy bill scheme is ‘unsustainably expensive’

Chancellor Jeremy Hunt has told business leaders that the current level of energy bill support for firms is “unsustainably expensive” and a reduced support scheme will be announced next week. Mr Hunt met with bosses at business ...

04 Jan 2023 at 16:51

Keir Starmer to warn businesses ‘days of low pay and cheap labour must end’

Sir Keir Starmer will warn bosses the days of “low pay and cheap labour” must end as he tells them to train up UK workers to end Britain’s “immigration dependency”. The Labour leader will signal in a speech on Tuesday that he ...

21 Nov 2022 at 23:30

Surprise rebound in UK retail sales but boost ‘expected to be short-lived’

Retailers reported an unexpected rebound in sales over the year to December but positivity could be “short-lived” amid continued pressure on budgets, according to new figures. The Confederation for British Industry’s (CBI) ...

21 Dec 2022 at 11:52

City

Covid business loans ‘saved hundreds of thousands of jobs’

Three schemes that funnelled £78 billion to businesses around the UK during the coronavirus pandemic might have saved millions of jobs, a report has claimed. Researchers said anywhere between 500,000 and 2.9 million jobs ...

14 Jun 2022 at 01:01

City

‘No point’ engaging with CBI after membership exodus, Chancellor says

There is “no point” engaging with the Confederation of British Industry after dozens of its members deserted the trade body, the Chancellor has said. Speaking to reporters, Jeremy Hunt said it is “incredibly important” ...

24 Apr 2023 at 14:00

City

New body planned to represent businesses as CBI mothballs activities

The man trying to set up a new body to take over following the troubles at the Confederation of British Industry has questioned if there is any point in remaining a member of the trade body. Nick Faith, who wants to ...

24 Apr 2023 at 12:33

City

Ministers distance themselves from scandal-hit CBI

Ministers have called off meetings with the Confederation of British Industry (CBI) over allegations of sexual misconduct at the business group. The Treasury and the Department for Business and Trade are understood ...

05 Apr 2023 at 12:07

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